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Components of Accumulated Other Comprehensive Loss (Tables) | 9 Months Ended
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Sep. 30, 2024
Equity [Abstract] |
Schedule of accumulated other comprehensive loss | The components of AOCI, net of the effect of income taxes, and activity for the nine months ended September 30, 2023 and 2024 were as follows:
|  | Components of AOCI, Net of Tax
(In thousands) |  | Cumulative Foreign Exchange Translation Adjustments |  | Effective Portion of Derivatives Designated as Hedging Instruments |  | Cumulative Unrecognized Actuarial Losses on Pension Obligations |  | Unrealized Gain (Loss) on Marketable Securities |  | Total
Balance at December 31, 2022 |  | $ | (213,104) |  |  | $ | 157 |  |  | $ | (354,699) |  |  | $ | 10 |  |  | $ | (567,636) |
OCI before reclassifications |  | 1,902 |  | (a) | 3,671 |  | (b) | (3,433) |  | (a) | 2 |  |  | 2,142 |
Amounts reclassified from AOCI, net of tax |  | — |  |  | (547) |  |  | 13,651 |  |  | — |  |  | 13,104 |
Total OCI |  | 1,902 |  |  | 3,124 |  |  | 10,218 |  |  | 2 |  |  | 15,246 |
Less: OCI attributable to noncontrolling interests |  | 2,056 |  |  | — |  |  | — |  |  | — |  |  | 2,056 |
OCI attributable to Enviri Corporation |  | 3,958 |  |  | 3,124 |  |  | 10,218 |  |  | 2 |  |  | 17,302 |
Balance at September 30, 2023 |  | $ | (209,146) |  |  | $ | 3,281 |  |  | $ | (344,481) |  |  | $ | 12 |  |  | $ | (550,334) |
|  | Components of AOCI, Net of Tax
(In thousands) |  | Cumulative Foreign Exchange Translation Adjustments |  | Effective Portion of Derivatives Designated as Hedging Instruments |  | Cumulative Unrecognized Actuarial Losses on Pension Obligations |  | Unrealized Gain (Loss) on Marketable Securities |  | Total
Balance at December 31, 2023 |  | $ | (183,499) |  |  | $ | (470) |  |  | $ | (355,740) |  |  | $ | 15 |  |  | $ | (539,694) |
OCI before reclassifications |  | (4,355) |  | (a) | 304 |  | (b) | (13,832) |  | (a) | 5 |  |  | (17,878) |
Amounts reclassified from AOCI, net of tax |  | — |  |  | (1,983) |  |  | 14,160 |  |  | — |  |  | 12,177 |
Total OCI |  | (4,355) |  |  | (1,679) |  |  | 328 |  |  | 5 |  |  | (5,701) |
Less: OCI attributable to noncontrolling interests |  | (225) |  |  | — |  |  | — |  |  | — |  |  | (225) |
OCI attributable to Enviri Corporation |  | (4,580) |  |  | (1,679) |  |  | 328 |  |  | 5 |  |  | (5,926) |
Balance at September 30, 2024 |  | $ | (188,079) |  |  | $ | (2,149) |  |  | $ | (355,412) |  |  | $ | 20 |  |  | $ | (545,620) |
(a) Principally foreign currency fluctuation. (b) Net change from periodic revaluations.
Reclassification out of accumulated other comprehensive income | Amounts reclassified from AOCI were as follows:
(In thousands) |  | Three Months Ended |  | Nine Months Ended |  | Location on the Condensed Consolidated Statements of Operations
| September 30 |  | September 30
| 2024 |  | 2023 |  | 2024 |  | 2023
Amortization of cash flow hedging instruments:
Foreign currency exchange forward contracts |  | $ | 541 |  |  | $ | (270) |  |  | $ | 44 |  |  | $ | 1,007 |  |  | Product revenues
Interest rate swaps |  | (866) |  |  | (825) |  |  | (2,619) |  |  | (1,690) |  |  | Interest expense
Total before income taxes |  | (325) |  |  | (1,095) |  |  | (2,575) |  |  | (683) |  |  |
Income taxes |  | 63 |  |  | 229 |  |  | 592 |  |  | 136 |  |  |
Total reclassification of cash flow hedging instruments, net of tax |  | $ | (262) |  |  | $ | (866) |  |  | $ | (1,983) |  |  | $ | (547) |  |  |
Amortization of defined benefit pension items (c):
Actuarial losses |  | $ | 4,909 |  |  | $ | 4,783 |  |  | $ | 14,594 |  |  | $ | 14,183 |  |  | Defined benefit pension income (expense)
Prior service costs |  | 119 |  |  | 116 |  |  | 354 |  |  | 345 |  |  | Defined benefit pension income (expense)
Total before income taxes |  | 5,028 |  |  | 4,899 |  |  | 14,948 |  |  | 14,528 |  |  |
Income taxes |  | (263) |  |  | (292) |  |  | (788) |  |  | (877) |  |  |
Total reclassification of defined benefit pension items, net of tax |  | $ | 4,765 |  |  | $ | 4,607 |  |  | $ | 14,160 |  |  | $ | 13,651 |  |  |
(c) These AOCI components are included in the computation of net periodic pension costs. See Note 10, Employee Benefit Plans, for additional details.

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